An Introduction to Upstream Petroleum Economics & Risk Analysis – London
London, UK
This practical Euromoney Energy Training course will enable delegates from all technical and commercial disciplines to understand the theories and methods used to value oil and gas prospects. The four-days will reveal the fundamental aspects of upstream petroleum economics and risk analysis. Through computer-based exercises, participants will construct economic models, incorporating relevant cash flow data for case study projects and scenarios.
Attend this practical and interactive four-day training course and enhance your knowledge on the following key areas:
Discounted cash flow
Capital budgeting techniques
Oil & Gas asset net cash flow – project components
Oil & Gas asset net cash flow – economic components
Oil & Gas asset net cash flow – taxation and government take components
Oil & Gas asset net cash flow determination
Advanced petroleum economic techniques
Discrete economic solutions
Probabilistic economic solutions
Continuous economic solutions
Plus: Upstream economics workshop: the taxation case study
Plus: Upstream exploration prospect valuation workshop
Plus: Upstream economics workshop: the PSC case study
By attending this highly interactive and practical course you will:
Study upstream petroleum economic discounted cash flow evaluation methodologies
Understand the derivation, calculation & application of economic metrics
Learn the components of an oil/gas field cash flow
Evaluate investment opportunities in exploration, development & production
Construct production sharing contract, tax & royalty concession models
Learn about international fiscal systems
Understand uncertainty & risk in exploration & economic evaluation
Attendance cost: £3850
Event organizer: Euromoney Plc